Powered by: Motilal Oswal
2026-05-12 11:38:24 am | Source: Accord Fintech
Graphite India rises on acquiring additional stake in GrafTech International
Graphite India rises on acquiring additional stake in GrafTech International

Graphite India is currently trading at Rs. 735.10, up by 4.25 points or 0.58% from its previous closing of Rs. 730.85 on the BSE.

The scrip opened at Rs. 731.40 and has touched a high and low of Rs. 747.00 and Rs. 724.55 respectively. So far 23857 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 764.70 on 08-May-2026 and a 52 week low of Rs. 450.55 on 12-May-2025.

Last one week high and low of the scrip stood at Rs. 764.70 and Rs. 616.55 respectively. The current market cap of the company is Rs. 14551.57 crore.

The promoters holding in the company stood at 65.34%, while Institutions and Non-Institutions held 17.16% and 17.49% respectively.

Graphite India has acquired additional stake in GrafTech International, a NYSE Listed Company (Graftech). The company has acquired 2.97% shares of Graftech for a consideration of Rs 62.25 crore through Secondary Market Transactions. Post this acquisition, the company’s shareholding in Graftech has been increased from 6.82% to 9.79%, while total investment till date is around Rs 230.38 crore. Graftech is a leading manufacturer of high-quality graphite electrode products essential to the production of electric arc furnace steel and other ferrous and nonferrous metals.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here